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Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total revenue $ 216,808 $ 394,033 $ 370,283 $ 740,728
Costs, expenses and (gains):        
General and administrative expense 208,434 133,748 328,469 266,309
Depreciation expense 504 234 1,011 467
Gain on sale of land (4,950) (3,334) (80,876) (881,654)
Total costs, expenses and (gains) 218,433 166,232 282,548 (535,054)
Income from operations (1,625) 227,801 87,735 1,275,782
Interest income 29,487 12,954 56,011 25,876
Income before income taxes 27,862 240,755 143,746 1,301,658
Federal and state income tax expense:        
Current 4,591 89,051 14,754 312,593
Deferred
Total income taxes 4,591 89,051 14,754 312,593
Net income 23,271 151,704 128,992 989,065
Dividends paid (233,099)
Net income available to common shareholders $ 23,271 $ 151,704 $ 128,992 $ 755,966
Per common stock, basic and diluted        
Net income (in dollars per share) $ 0.01 $ 0.08 $ 0.07 $ 0.51
Dividends (in dollars per share) $ 0.12
Weighted average shares outstanding, basic and diluted (in shares) 1,942,495 1,942,495 1,942,495 1,942,495
Oil and Gas [Member]        
Revenues:        
Revenues from customers $ 143,036 $ 160,731 $ 233,932 $ 281,768
Costs, expenses and (gains):        
Cost of goods and services sold 13,643 13,287 28,167 29,943
Timber [Member]        
Revenues:        
Revenues from customers 176,559 14,481 355,008
Costs, expenses and (gains):        
Cost of goods and services sold 687 14,784 5,084 35,378
Surface Leases, Unrelated Parties [Member]        
Revenues:        
Revenues, leases 64,189 53,440 102,704 91,493
Surface Leases, Related Parties [Member]        
Revenues:        
Revenues, leases 9,583 3,303 19,166 12,459
Surface Leases [Member]        
Costs, expenses and (gains):        
Cost of goods and services sold $ 115 $ 7,513 $ 693 $ 14,503